Russian ruble continues to fall after oil prices sag

Russia’s battered ruble currency dropped again on Monday on the back of a continued fall in the price of oil, Russian news agency RIA Novosti has reported.

REUTERS

With the Brent crude oil price dropping to $55.50 per barrel, the dollar and euro exchange rates jumped by more than RUB 3 to RUB 59.35 to the dollar and RUB 71.95 to the euro at the beginning of the first trading session in 2015.